Personal remittances, paid in Guinea-Bissau
Guinea-Bissau: Personal remittances, paid was 84.68 million current US$ in 2024. ◆ Volatile
Personal remittances, paid in Guinea-Bissau, 1982–2024
Source: IMF balance of payments data, International Monetary Fund (IMF). Measured in current US$.
Analysis
In 2024, personal remittances, paid in Guinea-Bissau stood at 84.68 million current US$.
The figure is down 0.2% on the previous year and up 131.8% over ten years.
Over the whole period, personal remittances, paid in Guinea-Bissau peaked at 98.05 million current US$ in 2019 and was at its lowest, 3.41 million current US$, in 1995.
That places Guinea-Bissau 145th out of 195 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 11.18 million current US$ | 4.00 million current US$ | 18.60 million current US$ | 8 |
| 1990s | 9.46 million current US$ | 3.41 million current US$ | 20.01 million current US$ | 10 |
| 2000s | 7.82 million current US$ | 4.32 million current US$ | 20.19 million current US$ | 10 |
| 2010s | 42.69 million current US$ | 19.65 million current US$ | 98.05 million current US$ | 10 |
| 2020s | 83.23 million current US$ | 78.64 million current US$ | 89.26 million current US$ | 5 |
Countries ranked near Guinea-Bissau
More economy & growth data for Guinea-Bissau
- Manufacturing, value added 8.6% (2025)
- Final consumption expenditure 6.4% (2025)
- Industry (including construction), value added 231.61 billion current LCU (2025)
- Final consumption expenditure 87.3% (2025)
- Industry (including construction), value added 398.00 million current US$ (2025)
- Gross national expenditure 2.86 billion current US$ (2025)
- Gross national expenditure 1.66 trillion current LCU (2025)
- Gross national expenditure 2.06 billion constant 2015 US$ (2025)
- Exports of goods and services 25.0% (2025)
- Exports of goods and services 301.45 million constant 2015 US$ (2025)
Frequently asked questions
- What is personal remittances, paid in Guinea-Bissau?
- Personal remittances, paid in Guinea-Bissau was 84.68 million current US$ in 2024, according to IMF balance of payments data, International Monetary Fund (IMF).
- What is the highest personal remittances, paid recorded in Guinea-Bissau?
- The highest recorded value was 98.05 million current US$ in 2019.
- What is the lowest personal remittances, paid recorded in Guinea-Bissau?
- The lowest recorded value was 3.41 million current US$ in 1995.
- How does Guinea-Bissau rank for personal remittances, paid?
- Guinea-Bissau ranks 145th out of 195 countries with data for 2024.
- Is personal remittances, paid rising or falling in Guinea-Bissau?
- Over the last ten years it is up 131.8%. The long-run trend across the full record is volatile.
- Where does this Guinea-Bissau data come from?
- The figures come from IMF balance of payments data, International Monetary Fund (IMF), published as part of Personal remittances, paid (current US$). Statizoid updates them automatically from the source API.
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About this data
Personal remittances comprise personal transfers and compensation of employees. Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Data are the sum of two items defined in the sixth edition of the IMF's Balance of Payments Manual: personal transfers and compensation of employees. Data are in current U.S. dollars.